Prince Michael of Liechtenstein

  Between August 22 and 25, the BRICS – a loose association of Brazil, Russia, India, China and South Africa – held a summit in Johannesburg that made plenty of waves. Aside from the five main countries, some 30 other developing nations were invited to participate. “BRICS is a diverse group of nations,” said President Cyril Ramaphosa of […]

Fitch, one of the three leading rating agencies, has downgraded the United States’ creditworthiness from the top-notch AAA to AA+. The reasons for this downgrading include not just further fiscal deterioration but also the continuous debt ceiling negotiations that jeopardize Washington’s capacity to pay its bills. This downgrade may not bring about dramatic short-term consequences, especially since […]

Friedrich Merz, chairman of Germany’s largest party, the Christian Democratic Union (CDU), indicated that a collaboration with the Alternative for Germany (AfD) party at the municipal level could be a possibility. This resulted in an outcry. Especially during the 16-year chancellorship of Angela Merkel, the CDU maintained a strict firewall between themselves and the AfD, […]

As the NATO summit starts in Vilnius, just next door, in Belarus, Russian tactical nuclear weapons are being deployed, and there is uncertainty over the presence of the notorious Wagner Group militia units there. So, as Western leaders such as United States President Joe Biden, Turkey’s President Recep Tayyip Erdogan and all other NATO leaders […]

The EU’s latest AI draft legislation risks stifling innovation in Europe and opens the door to misuse by governments. The European Parliament has recently endorsed preliminary legislation referred to as the AI Act, geared toward the regulation of artificial intelligence. Much like the financial industry’s regulations, this legislation adopts a “risk-based approach.” This method prioritizes areas […]